NFX Launches $450M Fund III for Pre-seed and Seed-stage Startups
Venture fund NFX said that Fund III is its largest fund to date. It is dedicated to supporting a small group of startups at the earliest stage of their development.
Startups
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Jeff Bezos Participates in Funding Round for Indonesian E-Commerce Startup Ula
By Tolu Ajiboye
Jeff Bezos joined Northstar group, AC Ventures, Citius, and Tencent in a new funding round for Ula, months after the startup raised $20 million.
Blockchain Startup Metrika Raises $14M in Series A Funding from Coinbase Ventures and Others
By Juhi Mirza
Metrika, an operational monitoring tool company for blockchain networks, has decided to use this funding to help strengthen its platform and expand its existing blockchain intelligence technology.
Fintech Startup TrueLayer Pockets $130M at $1B Valuation, Open Banking Rises as Viable Option to Card Networks
The funding round is a big plus for the fintech startup, TrueLayer, and at the same time, it acts as a vote of confidence since Stripe is backing TrueLayer, even though Stripe is TrueLayer’s competitor.
Roku Stock Dips 9% in Extended Hours, Company Reports Mixed Q2 2021 Earnings Results
Roku reported revenue of $645 million during the second quarter against an estimate of $618 million according to wall Street analysts.
Mastercard Includes New Startups to Accelerator Program
Mastercard would provide the adequate assets and resources needed to help fintech innovators develop.
Crypto Exchange Bitstamp Plans to Reach More Customers in US
By Daria Rud
In the first quarter of this year, Bitstamp saw a 570% increase in the number of new signups from US residents. After receiving these great results, Bitstamp has decided to take advantage of the U.S. interest in its business.
Ireland Banking Sector Experiences Dramatic Shift from Traditional System to Fintech Startups
The coronavirus pandemic has significantly fueled the adoption of digital payments and pushed banking services away from the traditional system.
Securrency Raises $30M in Series B Round from WisdomTree, Abu Dhabi Catalyst Partners, State Street, US Bank
By Daria Rud
Securrency will use the funds for further expansion, strengthening strategic partnerships, as well as developing compliant DeFi products.
5 Blockchain Startups to Watch Out for in Q2 2021
By Andrey Sergeenkov
Whether you are just interested in blockchain technology and its potential to change the world or looking to make some profits by investing early, it is important to know what projects and trends will impact the industry in 2021.
Find all the key stories related to the startup sphere, learn about major unicorns, tech pioneers and financial disruptors in this section. Learn how once unknown companies get huge investments and what makes the public believe in their future success.
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